As at Jan 21, 2025, the ERIE stock has a PE ratio of 31.76. This is based on the current EPS of $12 and the stock price of $381.07 per share. A decrease of 16% has been seen in the P/E ratio compared to the average of 37.6 of the last 4 quarters.
The mean historical PE ratio of Erie Indemnity over the last ten years is 29.26. The current 31.76 PE ratio is 9% above the historical average. Over the past ten years, ERIE's PE ratio was at its highest in the Sep 2024 quarter at 44.99, with a price of $539.82 and an EPS of $12. The Dec 2018 quarter recorded the bottom point at 21.54, with a price of $133.31 and an EPS of $6.19.
Maximum annual increase: 59.69% in 2020
Maximum annual decrease: -25.21% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 34.96 | -9.9% |
2022 | 38.8 | 28.9% |
2021 | 30.1 | -22.78% |
2020 | 38.98 | 59.69% |
2019 | 24.41 | 13.32% |
2018 | 21.54 | -25.21% |
2017 | 28.8 | 15.76% |
2016 | 24.88 | -2.43% |
2015 | 25.5 | 0.87% |
2014 | 25.28 | 19.64% |
ERIE's current P/E ratio is above the 10-year historical average, but it is below the 3 and 5-year averages.
Compared to its peer stocks ACGL and AFG, ERIE's PE ratio stands higher.
Stock name | PE ratio | Market cap |
---|---|---|
ACGL Arch Capital Group Ltd | 6.21 | $35.7B |
AFG American Financial Group Inc | 12.67 | $11.34B |
GNW Genworth Financial Inc | 30.39 | $2.98B |
ERIE Erie Indemnity Co | 31.76 | $17.6B |
ERIE's price to earnings ratio is 31.76 as of Jan 21, 2025.
The average PE ratio for ERIE stock over the past 3 years is 34.49.
The average PE ratio for ERIE stock over the past 5 years is 32.93.
In the last ten years, the Sep 2024 quarter recorded the highest quarterly PE ratio at 44.99.
ERIE's current price to earnings ratio is 9% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jan 21, 2025), Erie Indemnity's stock price is $381.07. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $12. Therefore, Erie Indemnity's P/E ratio for today is 31.76. PE RATIO(31.76) = STOCK PRICE($381.07) / TTM EPS($12)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.